TDK (OTCMKTS:TTDKY) Shares Gap Down – Time to Sell?

Shares of TDK Corp. (OTCMKTS:TTDKY) gapped down prior to trading on Thursday . The stock had previously closed at $15.6650, but opened at $14.47. TDK shares last traded at $15.15, with a volume of 1,009,540 shares.

Analysts Set New Price Targets

Several analysts have weighed in on TTDKY shares. Nomura raised TDK to a “strong-buy” rating in a research note on Tuesday, February 3rd. Wall Street Zen upgraded shares of TDK from a “hold” rating to a “buy” rating in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Strong Buy”.

TDK Trading Down 3.2%

The company has a current ratio of 1.53, a quick ratio of 1.18 and a debt-to-equity ratio of 0.16. The firm has a 50-day moving average price of $13.93 and a 200-day moving average price of $14.50. The company has a market capitalization of $29.49 billion, a price-to-earnings ratio of 22.98, a PEG ratio of 1.30 and a beta of 0.78.

TDK (OTCMKTS:TTDKY) last announced its earnings results on Monday, February 2nd. The technology company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.03. TDK had a return on equity of 9.83% and a net margin of 7.85%.The business had revenue of $4.34 billion during the quarter, compared to analysts’ expectations of $612.08 billion. TDK has set its FY 2026 guidance at 0.650-0.650 EPS. As a group, sell-side analysts predict that TDK Corp. will post 0.61 EPS for the current year.

TDK Company Profile

TDK Corporation, founded in Japan in 1935, is a multinational electronics company that develops, manufactures and sells a broad range of electronic materials, components and systems. The company traces its origins to work on ferrite materials for magnetic applications and has since expanded into multiple product lines that serve the electronics industry worldwide. TDK is headquartered in Tokyo and operates through a network of manufacturing, research and sales facilities across Asia, Europe and the Americas.

TDK’s product portfolio includes passive components such as multilayer ceramic capacitors (MLCCs), film capacitors, inductors and ferrite cores; magnetic heads and related magnetic materials; sensor and sensor systems including MEMS-based motion sensors and other sensing devices; and power electronics including power supplies and modules.